Ways to earn in cryptocurrency: Part 2

in Project HOPE2 years ago

I have hinted that one good thing that I love about cryptocurrency is the fact that irrespective of the season we are into i.e the bear and bull season, they are countless opportunities in it. With such amazing moment I am always happy being part of cryptocurrency. This is the singular reason why I have always hinted through my post that no matter what you are doing, endeavour to make sure that you are taking part in cryptocurrency. If you are not part of it you are really loosing and missing out. This is holding to the fact that cryptocurrency is the future and not keying into it right away is an avenue to shoot yourself in the leg, you will surely regret this decision time to come. Please if you come across this post endeavour to do the right thing if you are not into cryptocurrency yet. But for those into cryptocurrency endeavour to take it serious.

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I was discussing with my cousin today, although he is the one that brings the discussion. Do you knows what he said? he said that he heard that cryptocurrency is scam. He said people are loosing money day and night. I laughed at him and I asked him, who told you this? He said there is someone he knows that looses his fund why taking part in cryptocurrency. He doesn't wants to experience same thing once again. I laugh and said to him, do you knows that cryptocurrency is the future of money? He answered by saying yes. I said if you knows this then you should not be saying what you said above.

I said that cryptocurrency requires buying and selling. In real life as you are selling others are buying and as you are buying others are selling, with this some will be making profit while some will be making loss. This is simply how cryptocurrency works. If you have the mindset of investing into cryptocurrency, I have always hinted that you should go into it with spare fund. With this in place you won't be angry that you made loss irrespective of the cryptocurrency season. If you maintain such principles you will sure get things right deep along the line.

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I told him that same thing that happened in the real market are what is happening in cryptocurrency, they are just some twerk as they are code that enables the smooth running of it. I told him that they are numerous ways to earn in cryptocurrency irrespective of the season. I showed him my old post where I talked about earning freely through airdrop, marketing, developers/programmers and blogging. For the purpose of this post I will be talking about other ways which we can use to earn in cryptocurrency. They include;

  • Defi: Defi means decentralised finance. Ever since Decentralised finance came into place, it has helped to change and add more amazing look to how cryptocurrency works. With it you can stake and earn or you can add liquidity and also earn from it. You just have to follows the easy procedure and you will see yourself enjoying the return income time to come. It is favourable to those who are occupied to give cryptocurrency their 100% time and effort.

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  • Lending: Do you knows you can lend your cryptocurrency token through cryptocurrency and make good money in return from it. Why not give it a try and see. Like they say, a trial will convince you.

  • Borrowing: Since you can lend in cryptocurrency, you can also do the otherwise which is borrowing. It is same way with lending. Give it a try and see.

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Conclusion

With the various post on how to earn in cryptocurrency, I believe by now you could have found the one that will works out for you. If you find that special one, try give it time and effort and you will be blown away with the outcome over time.

            Tfame3865  
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There is a decentralized finance project currently running. If you want to make good reward from your stake or Liquidity mining you should take a look at this project called Woxdefi . For more information about woxdefi you can check the below links.

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Discord group

Telegram

Website

Purchase Wox through this link

  • If you love my post, feel free to comment and also support me, it will help to get me motivated. Remain bless as you read the post. Thanks

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Greetings @tfame3865 in a way we still have to achieve to generate a literacy in society in terms of the management of blockchain and cryptocurrencies, since this lack of knowledge is what has not allowed finance to follow a widespread massification. Greetings

Hello friend, certainly there are many opportunities in the world of cryptocurrencies, but many enter without knowing what to look for or how to do it, and end up losing money, the options you raise are very good for those who already have a capital in cryptocurrencies and want to put their money to produce.

There are many opportunities in the crypto sphere that one can take advantage of and earn. I love the points you raised here.
A quick question, do you know any crypto lending platform?

Thanks for sharing buddy

Surely we have many opportunities in the cryptocurrency ecosystem.

Hello dear @tfame3865, without a doubt the cyptos world is quite volatile, some people are afraid to invest in it, I think that to be in this market you must have patience and a cool mind to trade and be part of those who lose when the markets fall, because they sell out of fear.

See you later, have a great week.

The crypto space presents many ways to earn money from the conform of your home or wherever you choose to be. Those who are not giving enough attention to crypto, will only have themselves to blame in the near future. Interesting read.

They will surely get their selves to be blame as time progresses.

Very good article and excellent recommendations. You have to take into account, despite all the advantages, that many people have lost money with cryptocurrencies. The TERRA/LUNA case was something so devastating for many and nobody expected it.

But we should not give up. Keep investing, betting and educating ourselves about it will give us positive results.

Greetings @tfame3865 ❤️💞

There are indeed many ways to earn in the crypto space and I strongly agree with the strategies or methods you've laid down such as Lending, borrowing, Defi etc.. These are indeed really helpful.

Thanks for sharing this great post with love from @hardaeborla and I hope you have a great day ahead ❤️💞

Hello @tframe3865
What you say

In real life as you are selling others are buying and as you are buying others are selling, with this some will be making profit while some will be making loss. This is simply how cryptocurrency works. If you have the mindset of investing into cryptocurrency, I have always hinted that you should go into it with spare fund.

This is very true and one should always keep this in mind and only play around with spare funds so one is not left having no money to pay the bills and meet one's daily expenses.

Useful advice indeed !

Hi dear friend @tfame3865

Sometimes it is no use winning cryptocurrencies when they are losing value, you can always win and lose in DeFi, but what is life without a little emotion

god bless you